Tag Archives: paypal

Speaking at a conference with several crypto-friendly corporations, PayPal’s CEO Dan Schulman revealed that the company is looking to expand its crypto-services as digital currencies take a leading role in the financial system. Schulman joined the “2021 Blockchain 50 Symposium: Crypto Goes Corporate“, together with dozens of executives from the technological and financial space, including Michael Saylor from MicroStrategy Cuy Sheffield, Head of Crypto at Visa. Less Cash, More...

Early this week, PayPal began allowing cryptocurrency payments through its platform. The company has been on track to become a major haven for crypto-related activity since October of last year, and the platform’s goals just got much more serious. PayPal Says “Yes” To Digital Currency Payments While the service isn’t available to everyone just yet, many of PayPal’s users – when they purchase items – will be given several payment options when it’s time to check out, some...

PayPal has been working hard these past five months to really build its place in the cryptocurrency arena. It announced that traders would be able to garner digital assets through its site, and they would also be allowed to buy items and services with crypto. Now, it looks like PayPal is working even harder to really build itself up as a digital asset company given that it’s planning to acquire Curv, a startup based in Tel Aviv, Israel. PayPal Is Buying Israel Startup...

The leading payment processor, PayPal, announced today that it has agreed to purchase the digital asset custody company, Curv. It said that it will complete the acquisition in the first quarter of the year.Rumors Confirmed True As PayPal Acquire CurvReports surfaced last week that PayPal was planning to acquire cryptocurrency security firm, Curv. There were no concrete evidence to buttress the claims, but the leading payment giants have now made it official via a press release today.The...

PayPal could be in talks to buy a cryptocurrency startup focused on providing security solutions for cryptocurrency custody.According to diferent reports, PayPal is interested in acquiring Curv, and the talks between the two companies’ teams are an open secret in the global tech scene – though perhaps no longer a secret considering how quickly it is spreading despite the cautious stance taken by both companies.Local sources argue that the cost of the deal would be in the range of $500...

At the time of writing, bitcoin – the world’s number one digital currency by market cap – has surged to a new all-time high, having broken $50,000 and now trading for just over $51,000. To be fair, the asset has done this once or twice in the past, but it was always followed by a quick drop to the high $48,000 range, suggesting that bitcoin either didn’t have the momentum we all thought it did yet, or the change happened way too fast.Bitcoin Has Shot Up AgainBitcoin has shown in previous...

Bei Paypal fand ein Investorentag statt. Dabei hat CEO Dan Schulman nicht nur die nächsten Schritte zum Ausbau des boomenden Bitcoin-Ausbau angedeutet. PayPal plant eine neue Smartphone-Anwendung. Die sogenannte „Super-App“ soll Investitions-Optionen für Aktien und andere Vermögenswerte bieten und den Kryptohandel weiter ausbauen. Als Orientierung für PayPal 2.0 dienen...

PayPal will probably avert from investing its cash into Bitcoin. Despite the recently expanding interest from institutions in digital assets, the US payment giant will not get into the crypto whirlpool, said the firm’s Chief Financial Officer.Admitting Cryptocurrency’s Values but Still Won’t InvestAlthough it sees enormous opportunity in the development of digital wallets, PayPal will most likely not allocate portions of its cash into Bitcoin or other cryptocurrencies. According to a recent...

Man denkt immer, PayPal sei ein Internet Startup. In Tat und Wahrheit macht PayPal mehr Umsatz als Mastercard! Just sayin' Der Anbieter für Zahlungen PayPal steigt nun big in den Handel mit Kryptowährungen ein. Die Kunden aus den USA können in Zukunft über die Plattform PayPal Bitcoin und weitere Kryptowährungen verkaufen, kaufen und diese aufbewahren. Ab dem Jahr 2021 soll es nun möglich sein, bei Händlern über PayPal mit diesen...

In a Q4 2020 investor update, PayPal revealed that it recorded fourth-quarter and fiscal year financial results that were far beyond its expectations. The company noted that it was its strongest fiscal year, with high payment volume and new accounts further strengthening its scale.PayPal recorded a massive surge in the number of active accounts on its platform, with a whopping 16 million active accounts in Q4 2020 alone. For fiscal 2020, the company added 72.7 million net new active accounts,...